In prominent California cities such as Los Angeles, San Diego, and San Jose, housing costs have increased by 75 percent over the past five years. Because of this, real estate experts such as Nick Vertucci believe a crisis is looming, and that legislative action is the best plan for avoiding a real estate disaster. With the median cost to buy a home being $500,000 and more millennials than ever seeking to buy their first home, it’s possible many young Californians may never experience home ownership. Despite having low unemployment, high per capita income, and growing tax revenue, Nick Vertucci has carefully analyzed the market and believes a major market correction is on the way.
With most cities setting new housing construction goals annually, the results are often falling short of expectations. In fact, Nick Vertucci believes that without legislation at the local and state level, expectations will continue to be less than expected, leaving more and more state residents without adequate housing options. However, with a variety of politicians, community city groups, and local planning boards all having differing opinions, there’s no doubt finding a solution may be difficult. However, with experts such as Nick Vertucci offering his unique insight into the situation and providing grassroots organizations with the information needed to bring about positive change, chances are sweeping action will occur.
With his reputation as one of the world’s most successful real estate investors, it’s clear Nick’s insight into this issue is one that others should not take lightly. Having known what it feels like to start one’s life over after the dot-com bust of 2000, Nick has achieved unparalleled success while supporting his three daughters. Constantly learning everything he can about real estate and never being one to shy away from hard work, Nick has been able to build a multi-million dollar real estate empire while also helping others.
Upon founding NV Real Estate Academy, Nick Vertucci has committed his life to helping others take control of their lives through careful and insightful real estate investing. By helping people everywhere learn how to build their own real estate empires, Nick shows his commitment to making the world a better place each and every day. Knowing the important role financial security plays in the lives of families, Nick is determined to help as many people as possible take control of their financial destinies and have lives full of prosperity. https://twitter.com/nvrea?lang=en